Spartacus Acquisition Corp. II completed an initial public offering of 23 million units priced at $10 per unit, bringing total gross proceeds to $230 million after the underwriters exercised an overallotment option for an additional 3 million units.
The newly issued units began trading on the NASDAQ Capital Market on February 11, 2026 under the ticker symbol TMTSU. Each unit comprises one Class A ordinary share and one-third of one redeemable warrant. When whole warrants are issued, those warrants will be exercisable at $11.50 per share.
The company indicated that, once separate trading commences, the Class A ordinary shares and the warrants are expected to trade independently on NASDAQ under the symbols TMTS and TMTSW, respectively.
Spartacus Acquisition Corp. II is organized as a blank-check company formed to seek mergers, acquisitions or other business combinations. The company said it intends to concentrate its search on targets in the technology, media and telecommunications sectors.
Management of the company includes Peter D. Aquino as chairman, Igor Volshteyn as chief executive officer and Mark Szynkowski as chief financial officer.
BTIG, LLC served as the sole book-running manager for the offering, while Odeon Capital Group, LLC acted as co-manager. The Klein Group, LLC provided capital markets advisory services to the issuer and will serve as the lead financial and mergers-and-acquisitions advisor for the company’s initial business combination.
According to the company statement, the entire $230 million of proceeds from the offering has been deposited into the company’s trust account. The issuer’s SEC registration statement became effective on January 30, 2026.
Note: The information in this report is based on a company press release statement.